Career on SAP FICO
SAP stands for “Systems, Applications, and Products in Data Processing”. SAP is found in the year 1972 in Waldorf, Germany.
WHAT IS FICO?
FICO is also mentioned as FI/CO where as
FI stands for Financial accounting
CO stands for Controlling (Management accounting)
This module used to monitor and correct the financial situation of a company. By using the SAP FICO One can find the inside operations by creating reports and quickly find answers for accounting requirements.
SAP FICO is divided into two parts they are SAP FI and SAP CO. SAP FI represents the financials reports for SAP software and SAP CO covers the managerial or cost controlling. The non-financial students can also learn the SAP FICO easily.
SAP FICO is designed in simple and plain language involves various presentations and other advanced techniques.The persons who are in the Finance/Accounting profession looking for better opportunities can get into another level by doing SAP FICO.
If you are looking for technical or functional career in SAP FICO consultant you have to know more knowledge about finance and accounts which involves accounts payable, accounts receivable and general ledger, procedures to post accounts, close books and prepare financial statements and balance sheet etc.
SAP Finance and Controlling Training (FI / CO) is considered the "hottest" of the SAP module. His training is in high demand. The reasons are quite obvious, because it contains nearly all of the accounting and management aspect of the business, most companies want to be that existing employees must be trained, or future staff they recruit should be equipped with a SAP FICO training. People in general have also started keeping in mind that this training could best job in the IT department.
These forward-looking statements for the SAP FICO training must acquire a number of things in advance they proceed to the statement. First the student must have at least a university degree with the likes of MBA, ACCA, B.COM, CA, CMA, BBA, ICWA, M.COM and other people concerned. In addition to certification in the academic qualifications mentioned above or other must also have a sufficient field experience to some extent. To be more precise, the experience should be at least one year in the area of ??financial accounting and cost accounting. You must hold a minimum area sufficient expertise, databases and ABC, for example, information about profit and loss, balance sheet, asset management, accounts receivable, double entries and other designs base.
SAP FICO training is available in three distinct ways of approaches. Many people often opt for training where they are trained in the traditional classroom. In addition to this form, there are learners who feels Online Training SAP FICO easily reverses a classroom with regard to efficiency. This dispute concerns the ranking is very understandable. And there is a small fraction of people who acquire a SAP FICO training based comprehensive study on various resources, such as summaries, notes, tapes, etc. There are several tutorials and commendable high demonstrators also available on the web and the various media centers.
As regards the costs of the training is considered, it usually all depends on the institute, place or location, type or classification of training.If you ask to acquire classroom training then almost surprisingly you have to pay a little higher than what you can expect in terms of online training SAP FICO. The cost of the training class starts mainly the $ 2000 mark. While in the case of online training would introduce the brand to $ 1500 mark. This will depend on the qualification of coaches they hired, technological equipment used, the type and duration or SAP access time. Therefore, overall, the whole thing could be very flexible.
Regarding the outcome of the SAP FICO training is considered, you will be assured of convincing its extraordinarily high merits and great nature.There is no second opinion that the training could give a boost to your well received career. There will be lots of jobs available for you at your feet. " It is believed that the SAP FICO training would eventually increase the overall value of your personal qualities.
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